If you’re looking to purchase a home this spring, we can help you turn your tax refund …
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Get Pre-qualified Today!
Why Choose Us
Our mission is to serve our customers with honesty, integrity, and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan. Our friendly, knowledgeable staff will take the time to fully understand your needs and help you make an informed decision. You won’t find another lender with better customer service, work ethic, integrity, and experience than Landmark Mortgage.
Work With a Lender That Puts YOU First
At Landmark Mortgage, we treat our customers like family. Whether you’re an existing home owner or a first-time buyer,
you could pre-qualify for one of our loan options while feeling confident in your decision thanks to step-by-step
guidance from our experienced lenders. The benefits of working with us include:
Fast Turnaround Time
Our average turnaround time is 30 to 45 days. That’s one week faster than the industry average!
Our interest rates can help you save a significant amount of money on your mortgage payment.
Local Market Expertise
Our professionals provide the local expertise and excellent customer service you deserve.
Our Products and Services
Take advantage of today’s mortgage rates and get the right home loan for your needs.
We offer a variety of loan programs to our valued customers, including:
First-Time Homebuyer Loans
Applying for your first mortgage can
be a daunting task. Our goal is to help you
have an easy and rewarding experience.
Are you a veteran, or are you currently serving
in the military? You’re entitled to the
advantages that come with a VA loan.
New Construction Loans
Start building your new home with a Landmark
construction loan! We can help you finance
your home with a competitive rate.
Frequently Asked Questions
- What is an appraisal?
- What is PMI (Private Mortgage Insurance)?
- What is 80-10-10 financing?
Surprising as it may seem, some folks with hefty incomes find that it’s mighty tough for them to save enough money to make a 20% cash down payment on their dream homes. Using conventional financing, such buyers must purchase Private Mortgage Insurance (PMI) which increases the cost of home ownership and, ironically, makes it even more difficult to qualify for the mortgage. However, if you’re a dues-paying member of the cash-challenged class, don’t despair. Given that your income is sufficiently high, it’s eminently possible to avoid getting stuck with PMI. That is why 80-10-10 financing was invented. It is called 80-10-10 because a savings and loan association, bank, or other institutional lender provides a traditional 80% first mortgage, you get a 10% second mortgage, and make a cash down payment equal to 10% of the home’s purchase price. By using this method, you are no longer obligated to take out PMI on your property.
- What happens at closing ?
The property is officially transferred from the seller to you at “Closing” or “Funding”.
At closing, the ownership of the property is officially transferred from the seller to you. This may involve you, the seller, real estate agents, your attorney, the lender’s attorney, title or escrow firm representatives, clerks, secretaries, and other staff. You can have an attorney represent you if you can’t attend the closing meeting, i.e., if you’re out-of-state. Closing can take anywhere from 1-hour to several depending on contingency clauses in the purchase offer, or any escrow accounts needing to be set up.
Most paperwork in closing or settlement is done by attorneys and real estate professionals. You may or may not be involved in some of the closing activities; it depends on who you are working with.
Prior to closing you should have a final inspection, or “walk-through” to insure requested repairs were performed, and items agreed to remain with the house are there such as drapes, lighting fixtures, etc.
- How is my credit judged by lenders?
Credit scoring is a system creditors use to help determine whether to give you credit. Information about you and your credit experiences, such as your bill-paying history, the number and type of accounts you have, late payments, collection actions, outstanding debt, and the age of your accounts, is collected from your credit application and your credit report. Using a statistical program, creditors compare this information to the credit performance of consumers with similar profiles. A credit scoring system awards points for each factor that helps predict who is most likely to repay a debt. A total number of points — a credit score — helps predict how creditworthy you are, that is, how likely it is that you will repay a loan and make the payments when due.